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Get to Know About Reunion
Reunion is a foreign department and region of France and an island in the Indian Ocean. It is east of Madagascar and 175km southwest of Mauritius. The capital city is at Saint-Denis.
Reunion is estimated to have 20 percent of the population from Indian ancestry and 5 percent from mainland France. Though French is the official language, Creole as indigenous language is commonly spoken. The island’s population stands at 865,925 inhabitants.
Reunion’s economy is predominately agriculturally based on sugarcane as one of its main cash crops. Other crops include vanilla bean, fruits and vegetables, tobacco, and geraniums. The main trading partners of Reunion are France and Spain with food and food products taking the greatest share of its exports. Doing business in Reunion is encouraging with its highly developed road network and markets, giving a favorable business environment. Again, Reunion, strictly dependent on France for funding, has the highest GDP per capita in the region. Reunion chose to remain a French territory, and its prosperity is considered a success of France’s policy towards its economic prowess and dynamism.
As a politically stable island in the Indian Ocean, doing business in Reunion is promising led by Reunion’s investment agency which seeks partnership with potential investors in the recycling business, renewable energy, and bottled water manufacturing. This is aimed to spur industrial development and diversification of its economic activities from the agriculture and tourism sectors, much to the delight of foreign investors.